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GHMC’s coffers ring louder Updated: Updated: On last day of the year, total collection of property tax stood at ₹1701.29 crore Share Article On last day of the year, total collection of property tax stood at ₹1701.29 crore GHMC has surpassed all its previous records in property tax collections, even while falling short of the designated target for the last financial year 2020-21, that ended on March 31, Wednesday. One-time settlement As on the last day of the year, the total collection of property tax stood at ₹1701.29 crore, which is close to ₹230 crore more than the previous year’s collection of ₹1,472.31 crore. ....
Representative image RAJKOT: Aiming for ‘multi sectoral development’ and ‘Green Rajkot,’ municipal commissioner Udit Agrawal on Monday presented a budget of Rs 2,275 crore for financial year 2021-22, which is around Rs 150 crore higher than last year’s proposed budget. There were no new taxes and the tax rates also have been kept unchanged. However, the Rajkot Municipal Corporation (RMC) will intensify its property tax collection. The target for property tax collection for the next fiscal has been fixed at Rs 340 crore as against the average collection of Rs 266 crore. The key focus will be to enhance the city’s green initiatives besides providing services to newly merged areas. ....
BBMP wants warrants against tax defaulters BBMP wants warrants against tax defaulters ByY Maheswara ReddyY Maheswara Reddy / Updated: Jan 8, 2021, 06:25 IST Palike will take any measure to reach Rs 3,000-cr target in property tax collection With an eye on the target of Rs 3,000 crore in property tax collection during the fiscal 2020-21, the Bruhat Bengaluru Mahanagara Palike ( BBMP) wants to issue distress warrants to property owners whose arrears add up to more than Rs 5 lakh. “We are preparing an action plan under the guidance of the BBMP Administrator and Commissioner to collect the property tax that has been pending for quite a long time,’’ says BBMP Special Commissioner ( ....